Which of the following statements about aerial advertising is true?
A. It is expensive in absolute terms.
B. It can be used to reach specific target markets.
C. It is generally used inside stores and small supermarkets.
D. It is seldom used by local advertisers.
E. It is illegal at sporting events.
Answer: B
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_____ refers to creating one-of-a-kind products to test design in three dimensions.
Fill in the blank(s) with the appropriate word(s).
Which of the following is the final step in the accounting cycle?
A) Prepare financial statements. B) Close the accounts. C) Prepare an adjusted trial balance. D) Post the journal entries to the ledger.
Which of the following is true with regard to gathering secondary data?
A) Gathering secondary data involves costly fees to government agencies. B) Commercial online databases contain primary rather than secondary data. C) Internet search engines can be useful sources of relevant secondary data. D) It is illegal for firms to purchase secondary data from outside suppliers. E) Secondary data eliminates the need for primary data in most cases.
Picture Puzzle Company The Picture Puzzle Company has the following estimates for producing a single batch of 500 custom-made puzzles: Wait time 10 days Inspection time 1 hour Processing time 3 days Move time 1 day Refer to the Picture Puzzle Company information above. The total value-added time is:
A) 14 days and 1 hour. B) 13 days. C) 3 days. D) 4 days.